In this edition of Twisted Wire, you can hear Telstra CEO David Thodey and CFO Andrew Penn talking through the results, with further analysis from industry commentator Paul Budde, Ovum’s David Kennedy and RBS analyst Ian Martin. The upshot seems to be a good result — Project New is delivering real efficiencies — but where will the company go next?

The future will be determined to a great extent by what happens to the National Broadband Network (NBN). Senator Stephen Conroy was unusually antsy at yesterday’s launch of the revised NBN Co corporate plan, launching an attack on Shadow Communications Minister Malcolm Turnbull, and, it seems, any journalists who have given him the time of day. His behaviour seemed to overshadow the plan itself, which reported a 4 per cent increase in capital expenditure costs.

We look at the reasons for the increase in the cost of the project, which, you’ll see, are all perfectly fair and understandable. But will enough of the NBN be complete in time to pacify voters ahead of the next general election? Perhaps, so long as Stephen Conroy doesn’t lose his cool (too often).

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ABOUT PHIL

Phil Dobbie is a broadcaster and writer, with a wealth of business experience behind him too. He was a partner in an ad agency, he's been the marketing head at various technology companies and ran the Australian operation of the British Tourist Authority.

But his real love is the creation of content - as a journalist for ZDNet and others. He likes to spend time behind the microphone, creating radio shows and podcasts - he's done thousands of them, for CBS, National Australia Bank, BBC and CommsDay.

He's available to present radio shows and produce podcasts. Or any other exciting projects that come along.